Why is Denis Chem Lab falling/rising?

As of 23-Sep, Denis Chem Lab Ltd's stock price is currently at 97.50, reflecting an increase of 0.59 or 0.61%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 1.86% today. However, despite this short-term gain, the stock has underperformed over the past week with a decline of 0.51%, and a significant drop of 42.05% year-to-date. The stock's performance is further complicated by a decrease in investor participation, as evidenced by a 39.3% drop in delivery volume compared to the five-day average. While the company has a low debt-to-equity ratio and a favorable return on equity, it has also faced challenges with a significant decline in profits and a poor long-term growth outlook.
Broader market context indicates that while Denis Chem Lab's stock has seen a slight uptick today, it has still lagged behind the broader market, with the Sensex declining only 0.34% over the same week. The stock's year-to-date performance is particularly concerning, as it has generated a return of -42.05%, contrasting sharply with the Sensex's positive return of 5.07%. This underperformance is indicative of broader issues within the company, including stagnant net sales growth and a flat operating profit over the past five years, which may contribute to investor hesitance despite the recent price increase.